Veralto reported revenue of $5.50 billion for fiscal year 2025 (ended December 31, 2025), up 6.0% from fiscal year 2024. Net income was $940.00 million, a net margin of 17.1%, and diluted earnings per share were $3.76.
At the end of fiscal year 2025 it had total assets of $7.69 billion, total liabilities of $4.59 billion and shareholders' equity of $3.11 billion, with cash and short-term investments of $2.03 billion and total debt of $2.88 billion.
Its operations brought in $1.08 billion of cash; capital spending was $63.00 million, leaving free cash flow of $1.01 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

Annual • USD
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $5.5B | $5.2B | $5.0B | $4.9B | $4.7B |
| Gross profit | $3.3B | $3.1B | $2.9B | $2.8B | $2.7B |
| Operating income | $1.3B | $1.2B | $1.1B | $1.1B | $1.0B |
| Net income | $940.0M | $833.0M | $839.0M | $845.0M | $861.0M |
| Diluted EPS | $3.76 | – | $3.40 | $3.43 | $3.49 |
| Total assets | $7.7B | $6.4B | $5.7B | $4.8B | $4.8B |
| Total liabilities | $4.6B | $4.4B | $4.3B | $1.6B | $1.6B |
| Shareholders' equity | $3.1B | $2.0B | $1.4B | $3.2B | $3.2B |
| Cash and short-term investments | $2.0B | $1.1B | $762.0M | $0 | – |
| Total debt | $2.9B | $2.8B | $2.8B | $123.0M | $135.0M |
| Operating cash flow | $1.1B | $875.0M | $963.0M | $870.0M | $896.0M |
| Capital spending | $63.0M | $55.0M | $54.0M | $34.0M | $54.0M |
| Free cash flow | $1.0B | $820.0M | $909.0M | $836.0M | $842.0M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
$5.50 billion, up 6.0% from $5.19 billion in fiscal year 2024.
Veralto reported net income of $940.00 million for fiscal year 2025 (17.1% of revenue); operating income was $1.28 billion.
At the end of fiscal year 2025: cash and short-term investments of $2.03 billion and total debt of $2.88 billion.
$1.01 billion in fiscal year 2025 (operating cash flow of $1.08 billion minus capital spending of $63.00 million).